Latin America Carbon Credit Market To Reach USD 823.8 Billion By 2033

(MENAFN- IMARC Group) The Latin America carbon credit market reached USD 46.9 billion in 2024 and is expected to reach USD 823.8 billion by 2033, growing at a CAGR of 33.2% from 2025 to 2033. The market is being driven by stringent climate policies, increasing corporate commitments toward net-zero emissions, expansion of voluntary carbon markets, and rising investment in sustainable projects. Additionally, the demand for carbon credits from renewable energy, forestry, and carbon capture projects is boosting market growth across the region.

Key Highlights

. Market size (2024): USD 46.9 billion
. Forecast (2033): USD 823.8 billion
. CAGR (2025–2033): 33.2%
. Surge in compliance and voluntary carbon markets to meet emission reduction goals
. Expanding renewable energy and reforestation projects driving credit generation
. Growing participation of corporations in sustainability initiatives and ESG reporting
. Key companies operating in the Latin America carbon credit market include South Pole Group, EcoAct (Atos), Carbon Clear, ClimatePartner GmbH, 3Degrees Group, Verra, Gold Standard Foundation, NativeEnergy, Moss Earth, and Biofílica Ambipar Environment.

How Are Carbon Credit Strategies Evolving in Latin America?

The region is emerging as a major player in global carbon credit trading with strategies such as:
. Development of national carbon pricing and trading frameworks
. Large-scale reforestation and afforestation projects generating high-value credits
. Integration of blockchain technology for transparent credit tracking and trading
. Cross-border carbon credit agreements to support global decarbonization goals
. Increased focus on blue carbon and nature-based solutions

Key Market Trends and Drivers

. Climate Commitments: Countries aligning with Paris Agreement goals
. Corporate Net-Zero Targets: Businesses seeking offsets for unavoidable emissions
. Technological Innovations: Blockchain and AI for verification and traceability
. Expansion of Voluntary Carbon Market: Strong demand from international buyers
. Government Incentives: Tax benefits and policy support for sustainable projects
. Investment in Nature-Based Solutions: Forest conservation and biodiversity projects gaining traction

Request Free Sample Report:
https://www.imarcgroup.com/latin-america-carbon-credit-market/requestsample

Latin America Carbon Credit Market Segmentation
The report has segmented the market into the following categories:

Type Insights:

• Compliance
• Voluntary

Project Type Insights:

• Avoidance/Reduction Projects
• Removal/Sequestration Projects
  • Nature-based
  • Technology-based

End-Use Insights:

• Power
• Energy
• Aviation
• Transportation
• Buildings
• Industrial
• Others

Regional Insights:

• Brazil
• Mexico
• Argentina
• Columbia
• Chile
• Peru
• Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Ask Our Expert & Browse Full Report with TOC & List of Figure:
https://www.imarcgroup.com/request?type=report&id=30138&flag=C

Latest Developments in the Industry
. In March 2025, Moss Earth announced the expansion of its carbon credit tokenization platform, enabling secure blockchain-based transactions in Brazil.
. In April 2025, Biofílica Ambipar launched new reforestation projects in the Amazon, generating high-quality voluntary carbon credits for international markets.
. Several Latin American countries are introducing carbon pricing mechanisms and integrating with global emissions trading systems to accelerate climate action.

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales[@]imarcgroup.com
Tel No: (D) +91 120 433 0800
United States: +1-201-971-6302

MENAFN22082025004122016232ID1109962906